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Cytokinetics Inc has a consensus price target of $80.06 based on the ratings of 19 analysts. The high is $120 issued by HC Wainwright & Co. on November 19, 2024. The low is $53 issued by Goldman Sachs on May 5, 2023. The 3 most-recent analyst ratings were released by Mizuho, Needham, and HC Wainwright & Co. on November 21, 2024, November 20, 2024, and November 19, 2024, respectively. With an average price target of $98.33 between Mizuho, Needham, and HC Wainwright & Co., there's an implied 101.42% upside for Cytokinetics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cytokinetics (NASDAQ:CYTK) was reported by Mizuho on November 21, 2024. The analyst firm set a price target for $103.00 expecting CYTK to rise to within 12 months (a possible 110.98% upside). 57 analyst firms have reported ratings in the last year.
The latest analyst rating for Cytokinetics (NASDAQ:CYTK) was provided by Mizuho, and Cytokinetics maintained their outperform rating.
There is no last upgrade for Cytokinetics
The last downgrade for Cytokinetics Inc happened on August 13, 2024 when Goldman Sachs changed their price target from $85 to $60 for Cytokinetics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cytokinetics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cytokinetics was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest Cytokinetics (CYTK) rating was a maintained with a price target of $99.00 to $103.00. The current price Cytokinetics (CYTK) is trading at is $48.82, which is out of the analyst’s predicted range.
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